17
Apr
2020
Apr
2020
New leases drive Warsaw’s office market
The Polish Commercial Real Estate Chamber (PINK) is hereby publishing figures on the office market in Warsaw for Q1 2020. The data is sourced from advisory companies from the commercial real estate sector (BNP Paribas Real Estate, CBRE, Colliers International, Cresa, Cushman&Wakefield, JLL, Knight Frank, Savills) and includes information on modern office stock, new completions, take-up volumes and vacancy rates.
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17
Apr
2020
Apr
2020
CTP expands Košice park with R&D centre
IEE Sensing Slovakia has expanded at CTPark Košice. The manufacturer of automotive sensing systems has opened a brand new space, which will house the company's R&D Center. The company will also run its main European warehouse from the park. The premises built according to the strictest energy criteria were provided by CTP.
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17
Apr
2020
Apr
2020
Goodman secures new tenant in Gdańsk
Hartwig Gdynia has leased 5,200 sqm of warehouse and office space in the Pomeranian Logistics Centre. The tenant was represented during negotiations by Cresa.
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17
Apr
2020
Apr
2020
Singapore-based investor closes first fund with Polish acquisition
Singapore-based alternative asset manager Elite Partners Capital has announced the first close of its pure-play Elite Logistics Fund. Launched in January 2020, Elite Logistics Fund, which targets investment opportunities in the EU and UK logistics sectors, now holds more than 372,000 sqm of logistics assets in Poland and the UK.
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17
Apr
2020
Apr
2020
Investors in Romania go for office and industrial space
Appetite for the acquisition of office buildings and industrial parks, less rented offices and shopping centres with postponed openings, this is how this quarter could be described regarding the real estate market in Romania, according to the quarterly report of CBRE.
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16
Apr
2020
Apr
2020
Hungary to reintroduce 5% VAT rate for certain residential projects
For residential developments executed in brownfield zones a VAT rate of 5% will apply instead of the normal 27%, the Minister of the Prime Minister's Office announced today.
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16
Apr
2020
Apr
2020
Yareal sells flagship office investment in central Warsaw
Yareal has signed a contract to sell the Nowogrodzka Square office building to a French fund managed by Amundi Real Estate. The transaction includes a Class A office building covering an area of 11,000 square meters, as well as an underground garage with 148 parking spaces. Nowogrodzka Square was opened in the fall of 2018.
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16
Apr
2020
Apr
2020
CBRE: Solid Q1 2020 results for Romania
The first three months of the year were closed with promising figures on the Romanian property market. CBRE published its Q1 2020 overview of the main commercial real estate sectors.
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16
Apr
2020
Apr
2020
Are we slowly getting back to normal?
After the first loosening measures of Austria, Slovakia and the Czech Republic, more countries of the region plan to start gradually scaling back the regulations imposed to stop the spread of the coronavirus pandemic.
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16
Apr
2020
Apr
2020
Penta sells Warsaw office building to Slovakia’s IAD
Penta Real Estate has sold the D48 office building in Warsaw’s Służewiec district to fellow Slovak company IAD Investments for an undisclosed sum.
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Latest news
- ATAL launches new residential project in Gdańsk
- Panattoni secures e-commerce tenant at Wałbrzych park
- Hellmann Worldwide Logistics leases space at MLP Poznań
- The buildings that survive the next decade won't be the greenest - They'll be the ones that can prove it
- Drooms forecasts 27% rise in European real estate deals
- Colliers reports 12% construction growth in Romania
- tbi bank raises Hexagon financing in Cluj-Napoca to €15 million
- Harden Construction builds logistics park for InPost in Toruń
- One United Properties fully leases office portfolio in Bucharest
- Cavatina revitalises 3.8 ha of public space in Wrocław
New leases
- UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
- Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
- Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
New appointments
- Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
- Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
